ABB Head and Shoulder with breakdown

Head and Shoulder #HnS with breakdown has formed in #ABB

A clear left shoulder, Head and and right shoulder is formed.

break down came in this week below the neckline and the pattern has completed.

Let's see if the pattern can show it's effect in coming weeks.

PS: This is only for educational purpose

Trade stängt: Stopp nått:

Head and Should pattern has been broken by a another pattern called double bottom and the price has gone past beyond head and shoulder.

So Head and Should pattern has failed this time.

Trade stängt: Stopp nått:

Head and Shoulder pattern in broken by W pattern, Stop loss has been hit and bullish trend has resumed.